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Published on 5/25/2021 in the Prospect News Distressed Debt Daily.

Dean Foods marks $1.04 million net loss, zero revenues for April

By Sarah Lizee

Olympia, Wash., May 25 – Southern Foods Group, LLC, which does business as Dean Foods Co., reported a $1.04 million net loss on zero revenues for the April period, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.

In comparison, the company posted a $1.56 million net loss on zero revenues for the March period.

The company had $56.54 million of cash and cash equivalents as of April 30, down from $155.05 million at the end of March.

Dean Foods is a Dallas-based food and beverage company. The company filed bankruptcy on Nov. 12, 2019 under Chapter 11 case number 19-36313.


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